Financial traders buy and sell on a regular basis, they take risks but they are skilled at «protecting their position». In non technical term covering options, heads they win, tails they win. It is a great position to be. You can achieve the same on Betfair.

When you back or lay on the exchange a tiny green figure arises about the screen contrary to the horse when you have backed it showing how much you'll win if successful. Against the rest of the horses will be your stake money shown in red. If you've got laid the horse then the reverse happens. The red figure is next for the horse you've got laid and all of those other runners have your stake profit green less the 5% commission against their names.

On Betfair it really is fairly simple to change all of the figures green and have yourself to the position that whatever the results of the race you are unable to lose. There are many solutions to build a garden shed but here is one. It works best on busy racing days for instance a Saturday or Bank Holiday.

First thing in the morning search for horses which are tipped heavily in the racing press. You can also embark on line to the Racing Post site and look at their list of the tipster's recommendations. Pay particular attention on the naps especially those of Pricewise and Trading Post who are able to be particularly influential. Horses which can be touted within the press often shorten in price because the race approaches if you decide to back them early within the day to win you need to get a great price.

As your day proceeds and more people back the fancied horse the price will shorten both with the bookies along with the exchange. You then lay the horse in the shorter price for an amount the desire ensure win or sboarena lose you will profit. If you look at your screen now you will see that all of the small figures are green.

Let me present you with a sample at 9 am we back Dead Cert for A�10 at 10.0 to win A�90

At 2 pm we lay Dead Cert which has now fallen in order to six.5 for A�12 to lose A�66

If Dead Cert wins we make A�90 — A�66 (we fork out on the lay bet) profit A�24

If Dead Cert loses we lose A�10 from my win bet but get A�12 from your lay, profit A�2

You will not produce a fortune using this one bet but as you become more capable and can commence to see the indications of horses odds lengthening or shortening you may start to show a comfortable profit.